KBR Wins Industry Innovation Award for UK Military Training Solution
HOUSTON – (December 15, 2020) – (NYSE: KBR) A ground-breaking mixed reality training solution, developed by KBR in collaboration with Microsoft, has won a prestigious UK industry award for innovation.
For 12 months, KBR’s Government Solutions EMEA Advisory team has been working to create the world’s first mixed reality solution for Chemical, Biological, Radiological and Nuclear (CBRN) medical training for the Defence Medical Services section of the UK Ministry of Defence (MOD), with help from Microsoft.
The project won the ‘Visionary Award for Protecting Society and Saving Lives’ at the 16th Institute of Engineering and Technology Innovation Awards, which recognize the people, projects, and organizations transforming our world for the better through engineering and technology.
The project utilizes Microsoft’s HoloLens 2 device, the most advanced mixed reality wearable device on the market, to create an innovative and experiential learning experience, while improving the retention of knowledge and skills. The collaborative team created a unique instructor led solution that gives medical practitioners an immersive and highly realistic training scenario where they can accurately replicate the decontamination, diagnosis, triage and stabilization of a patient exposed to a chemical agent.
“This project epitomises KBR’s vision to design and deliver the future, enhancing our capability in the human performance and training transformation market,” said Andrew Barrie, President, Government Solutions – EMEA.
“We pride ourselves on our government and cross industry experience – with a commitment to developing innovative and sustainable solutions that adapt as our clients’ needs change.”
KBR was awarded the contract by the UK MOD to design and run a pilot in April 2019 to prove the technology. Following approval and funding in September 2019, full development of a complete augmented reality training simulation tool using agile software development was completed.
About KBR
KBR is a global provider of differentiated professional services and solutions across the asset and program life cycle within the government and technology sectors. KBR employs approximately 28,000 people worldwide with customers in more than 80 countries and operations in 40 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic; the company's ability to respond to the challenges and business disruption presented by the COVID-19 pandemic; the recent dislocation of the global energy market; the company's ability to realize cost savings and efficiencies relating to the streamlining of its Energy Solutions business; the company's ability to manage its liquidity; the company's ability to continue to generate anticipated levels of revenue, profits and cash flow from operations during the COVID-19 pandemic and any resulting economic downturn; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers, including as a result of the COVID-19 pandemic; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.
KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Alison Vasquez
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com
